SRS Distribution-owned wallboard, ceiling sand steel framing products distributor GMS announced May 28 that it has acquired Peridot Supply — a distributor of building envelope materials serving three Canada locations in Brampton, Ottawa and Dorechester, Ontario.

Terms were not disclosed.

Peridot’s products include flat roofing, steep-slope systems, wall and insulation products and related accessories. The company has more than 50 employees.

“We are excited to have Peridot join GMS Canada and our group of strong, in-market branded companies,” GMS Canada President Paul Green said in a May 28 news release. “The Peridot team has served the building industry well and offers a complete package of roofing construction materials. This acquisition is expected to increase our in-market service capability and capacity in roofing materials, which will allow GMS Canada to support our growing customers more fully. Under Doug and Douglas Brown’s leadership, Peridot has built a team and capability driven by core values that align well with those of GMS.”

Peridot President Doug Brown and SVP Douglas Brown — along with their senior leadership group, are expected to continue with the company going forward as it operates under the Peridot brand name while integrating with GMS’ service brands in Canada.

“Our business was built on family values and a passion for customer service. Our growth has been directly attributable to our dedicated staff and supportive customer base,” Doug Brown added. “The Peridot team looks forward to joining the GMS family of companies. They not only share our values and commitment to customers but bring a tremendous growth opportunity going forward.”

GMS was acquired by SRS — a subsidiary of The Home Depot — in September 2025 for $5.5 billion. The Home Depot acquired SRS for $18.25 billion in June 2024. GMS operates a network of more than 320 distribution centers alongside nearly 100 tool sales, rental and service centers across the United States and Canada to service residential and commercial contractor customers.